Neuroone Total Operating Expenses vs Net Income From Continuing Ops Analysis

NMTC Stock  USD 0.76  0.02  2.70%   
Neuroone Medical financial indicator trend analysis is infinitely more than just investigating Neuroone Medical Tec recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Neuroone Medical Tec is a good investment. Please check the relationship between Neuroone Medical Total Operating Expenses and its Net Income From Continuing Ops accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neuroone Medical Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Total Operating Expenses vs Net Income From Continuing Ops

Total Operating Expenses vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Neuroone Medical Tec Total Operating Expenses account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have pay attention.
The correlation between Neuroone Medical's Total Operating Expenses and Net Income From Continuing Ops is -0.87. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Neuroone Medical Technologies, assuming nothing else is changed. The correlation between historical values of Neuroone Medical's Total Operating Expenses and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Neuroone Medical Technologies are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Total Operating Expenses i.e., Neuroone Medical's Total Operating Expenses and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.87
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Net Income From Continuing Ops

Most indicators from Neuroone Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Neuroone Medical Tec current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neuroone Medical Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At present, Neuroone Medical's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 14.55, whereas Enterprise Value Over EBITDA is forecasted to decline to (9.44).

Neuroone Medical fundamental ratios Correlations

0.61-0.130.640.370.48-0.46-0.960.470.470.860.670.650.60.90.95-0.25-0.110.610.390.93-0.480.560.70.730.87
0.61-0.070.410.550.91-0.94-0.750.960.970.780.040.411.00.560.78-0.150.290.660.480.75-0.260.980.980.670.85
-0.13-0.070.610.74-0.410.240.01-0.04-0.060.130.390.61-0.090.14-0.050.980.550.330.43-0.290.7-0.04-0.030.0-0.06
0.640.410.610.830.05-0.15-0.690.310.290.670.770.940.380.690.650.540.390.60.660.450.180.370.480.510.59
0.370.550.740.830.17-0.3-0.510.480.50.580.470.860.540.50.480.70.70.670.660.270.340.510.540.360.49
0.480.91-0.410.050.17-0.98-0.580.920.920.61-0.250.030.910.370.64-0.470.040.430.230.71-0.410.920.880.560.71
-0.46-0.940.24-0.15-0.3-0.980.61-0.97-0.96-0.670.19-0.13-0.95-0.4-0.660.32-0.12-0.53-0.35-0.680.29-0.97-0.93-0.63-0.74
-0.96-0.750.01-0.69-0.51-0.580.61-0.64-0.61-0.96-0.59-0.68-0.73-0.94-1.00.130.05-0.76-0.52-0.930.37-0.72-0.83-0.84-0.96
0.470.96-0.040.310.480.92-0.97-0.640.980.73-0.10.30.960.450.68-0.120.260.560.440.66-0.160.990.950.660.77
0.470.97-0.060.290.50.92-0.96-0.610.980.69-0.10.310.970.420.66-0.130.360.560.410.65-0.160.980.940.570.72
0.860.780.130.670.580.61-0.67-0.960.730.690.540.690.770.920.96-0.01-0.010.820.570.86-0.240.780.880.880.94
0.670.040.390.770.47-0.250.19-0.59-0.1-0.10.540.820.020.690.540.290.030.50.450.40.04-0.020.160.420.38
0.650.410.610.940.860.03-0.13-0.680.30.310.690.820.390.720.640.530.460.610.630.460.180.350.470.470.57
0.61.0-0.090.380.540.91-0.95-0.730.960.970.770.020.390.540.77-0.160.30.640.460.75-0.270.980.970.650.83
0.90.560.140.690.50.37-0.4-0.940.450.420.920.690.720.540.920.0-0.120.760.420.84-0.320.550.680.750.87
0.950.78-0.050.650.480.64-0.66-1.00.680.660.960.540.640.770.92-0.18-0.050.740.50.95-0.390.760.860.830.96
-0.25-0.150.980.540.7-0.470.320.13-0.12-0.13-0.010.290.53-0.160.0-0.180.60.20.36-0.410.73-0.12-0.14-0.12-0.17
-0.110.290.550.390.70.04-0.120.050.260.36-0.010.030.460.3-0.12-0.050.60.120.23-0.130.430.240.19-0.22-0.05
0.610.660.330.60.670.43-0.53-0.760.560.560.820.50.610.640.760.740.20.120.60.6-0.040.650.730.640.69
0.390.480.430.660.660.23-0.35-0.520.440.410.570.450.630.460.420.50.360.230.60.220.420.450.50.480.5
0.930.75-0.290.450.270.71-0.68-0.930.660.650.860.40.460.750.840.95-0.41-0.130.60.22-0.610.730.830.770.91
-0.48-0.260.70.180.34-0.410.290.37-0.16-0.16-0.240.040.18-0.27-0.32-0.390.730.43-0.040.42-0.61-0.22-0.27-0.28-0.4
0.560.98-0.040.370.510.92-0.97-0.720.990.980.78-0.020.350.980.550.76-0.120.240.650.450.73-0.220.980.690.83
0.70.98-0.030.480.540.88-0.93-0.830.950.940.880.160.470.970.680.86-0.140.190.730.50.83-0.270.980.770.9
0.730.670.00.510.360.56-0.63-0.840.660.570.880.420.470.650.750.83-0.12-0.220.640.480.77-0.280.690.770.87
0.870.85-0.060.590.490.71-0.74-0.960.770.720.940.380.570.830.870.96-0.17-0.050.690.50.91-0.40.830.90.87
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Neuroone Medical Account Relationship Matchups

Neuroone Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding5.4M10.7M16.0M18.1M26.8M28.1M
Total Assets4.8M7.9M12.8M8.1M5.4M3.0M
Other Current Liab454.9K531.5K632.5K978.4K1.1M1.2M
Total Current Liabilities2.4M1.2M3.1M1.8M2.2M1.3M
Total Stockholder Equity2.1M6.6M9.6M6.2M822.0K1.5M
Net Debt(2.7M)(6.6M)(8.0M)(5.1M)(1.2M)(1.3M)
Retained Earnings(30.9M)(40.8M)(50.8M)(62.7M)(75.0M)(71.3M)
Cash4.0M6.9M8.2M5.3M1.5M2.0M
Cash And Short Term Investments4.0M6.9M11.1M5.3M1.5M2.3M
Liabilities And Stockholders Equity4.8M7.9M12.8M8.1M5.4M3.0M
Non Current Liabilities Total337.7K202.9K119.6K55.3K2.3M2.5M
Total Liab2.7M1.4M3.2M1.8M4.5M4.8M
Total Current Assets4.2M7.3M12.2M7.3M4.6M2.7M
Common Stock22.2K12.0K16.2K23.9K30.8K32.4K
Other Stockholder Equity32.9M47.4M60.4M68.9M75.8M79.6M
Accounts Payable762.5K528.8K927.7K685.1K1.0M535.1K
Net Tangible Assets(1.4M)1.9M6.4M9.5M10.9M11.5M
Non Current Assets Total604.8K646.5K646.8K784.4K739.0K445.5K
Non Currrent Assets Other200.1K230.9K156.5K(784.4K)(706.0K)(670.7K)
Other Current Assets118.6K244.0K296.6K263.7K359.1K377.0K
Intangible Assets156.5K134.2K111.9K89.6K67.3K113.3K
Property Plant Equipment52.0K448.2K512.3K535.0K615.2K646.0K
Net Invested Capital3.1M6.6M9.6M6.2M822.0K780.9K
Net Working Capital1.8M6.1M9.1M5.5M2.4M2.2M
Capital Stock22.2K35.8K16.2K23.9K30.8K23.9K
Property Plant And Equipment Net448.2K512.3K535.0K694.8K671.8K534.2K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Neuroone Medical Tec offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Neuroone Medical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Neuroone Medical Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Neuroone Medical Technologies Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neuroone Medical Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Neuroone Medical. If investors know Neuroone will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Neuroone Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.46)
Revenue Per Share
0.158
Quarterly Revenue Growth
0.311
Return On Assets
(1.43)
Return On Equity
(3.49)
The market value of Neuroone Medical Tec is measured differently than its book value, which is the value of Neuroone that is recorded on the company's balance sheet. Investors also form their own opinion of Neuroone Medical's value that differs from its market value or its book value, called intrinsic value, which is Neuroone Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Neuroone Medical's market value can be influenced by many factors that don't directly affect Neuroone Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Neuroone Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Neuroone Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neuroone Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.